GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

TAGS next tender scheduled for 21 to 26 Feb. 2020

30 january 2020

Trans Atlantic Gem Sales recently held its first Rough Diamond Tender of 2020 in the Almas Tower, Dubai between the 22nd and 27th January. Due to Christmas and New Year holidays, the tender was smaller than usual, but TAGS welcomed more than 100 regular buyers to view the goods. Approximately 90% of the goods presented were sold. 

Image credit: TAGS

Following a solid Christmas season, there was a restocking demand from manufacturers, and we experienced good demand for rough across both the South African and Angolan productions in all qualities and size ranges. A broad range of manufacturers from all the major centres was successful in securing rough.
It remains to be seen whether the increased demand the market regularly seems to see in the first quarter will be sustainable as the year progresses, but TAGS is confident that the option of selective purchasing and the control over financial exposure offered through the tender system will provide manufacturers with a more secure system to manage inventory and finance in 2020. 
Meanwhile, TAGS anticipate a return to more regular volumes for our next tender commencing the 21st February and closing on the 26th February 2020.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished